The container ship Ever Given, which ran aground while navigating the Suez Canal, is quite symbolic of how COVID-19 has held back growth and run plans aground.
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The National High Speed Rail Corporation has signed a memorandum of understanding with Japan Railway Track Consultant company in connection with the Mumbai-Ahmedabad High Speed Rail project, also known as Bullet Train.
The Cabinet Committee on Economic Affairs has approved the revised cost estimate (RCE) of the Comprehensive Scheme for Strengthening of Transmission & Distribution in Arunachal Pradesh and Sikkim.
Indian Railways has planned for redevelopment of stations by leveraging the real estate potential of sparable land and air space in and around the stations.
The Delhi government has announced new road projects, including an east-west corridor between Tikri and Anand Vihar, a corridor from the Signature Bridge to the IGI Airport, and an outer road running parallel to the Yamuna from the Signature Bridge to Sarai Kale Khan, to decongest the city's roads.
Haryana has announced the setting up of a Global City in Manesar, and new townships near major expressways near Gurugram, in the state budget. The Global City is a proposed special zone that will contain both residential and commercial spaces.
Madhya Pradesh Metro Rail Corporation Ltd has invited open e-tenders for the construction of 9 Elevated Metro Stations on Line 3 (Yellow Line) from MR10 Road Station to Gandhi Nagar Station (10.9 km) of Indore Metro Rail Project.
ESR, a leading Asia Pacific-focused logistics real estate platform, will develop an industrial and logistic facility at Chakan near Pune, spread over 38 acres, with an investment of Rs. 330 crore.
The Government of Odisha and ArcelorMittal Nippon Steel India have signed a memorandum of understanding for setting up an integrated steel complex in Kendrapara District with an investment of more than Rs 50,000 crore.
To help in the conservation of the Satluj and Beas rivers, pollution abatement schemes have been sanctioned in 14 towns of Punjab at a cost of Rs. 717 crore under the centrally-sponsored National River Conservation Plan (NRCP), and sewage treatment capacity of over 648 million litres per day has also been created in these towns.
Ludhiana, the industrial hub of Punjab, has got a much-needed canal water supply project to provide drinking water to its residents. The Rs. 1,242-crore project was approved in the Punjab Budget for 2021-22.
To meet the drinking water needs of Hyderabad, the Telangana government is planning a project to bring water from Sunkesula near Nagarjuna Sagar to the city.
Prime Minister Narendra Modi recently inaugurated and laid foundation stones for several infrastructure and development projects in Tripura. The PM also virtually laid the foundation stone of an Integrated Check Post at Sabroom, which will help ease the movement of goods between the two countries, provide new market opportunities for Northeast products and assist the seamless movement of passengers to and from India and Bangladesh.
The World Bank plans to introduce a $100-million credit guarantee scheme to boost India’s rooftop solar programme. Reportedly, the scheme will allow micro, small, and medium enterprises (MSMEs) to avail concessional debt financing for setting up rooftop solar units.
India has been working with Nepal for restoration of cultural heritage projects. India will be funding Nepali Rs 246 million for the reconstruction of three more Cultural Heritage projects in Nepal after six out of the 28 heritage sites contracts have already been reconstructed.
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The Airports Authority of India (AAI) has sanctioned Rs. 242 crore to fast-track the airport in Ayodhya. This comes a fortnight after the Uttar Pradesh government earmarked Rs. 101 crore for the airport, to be known as Maryada Purushottam Sriram Airport.
The Uttar Pradesh cabinet has approved a proposal for acquiring another 1,365 hectares of land in Jewar for the second phase of the Noida International Airport.
As many as 92 projects have been sanctioned to Andhra Pradesh under the Sagarmala project at a cost of Rs 85,576 crore Union Minister of State for Ports, Shipping and Waterways Mansukh L Mandaviya has said.
More than Rs. 3,000 crore will be invested in the development of two greenfield ports in Karnataka, according to Chief Minister B S Yediyurappa. A greenfield port is being developed under the public-private partnership (PPP) model at Honnavar in Uttara Kannada district at a cost of around Rs. 600 crore.
The Maharashtra government is giving a push to rail, air and water connectivity as it bets on infrastructure projects to revive finances that have been hit by Covid-19. A major step is cabinet approval for the Pune-Nashik semi-high speed rail corridor, which is expected to boost passenger and freight movement and facilitate the emergence of the Mumbai-Pune-Nashik “golden triangle” as an economic hub.
The city's wait for a world-class railway station has been stretched further, as the project, approved in 2014, has been put in abeyance. This was despite the constitution of the Indian Railway Stations Development Corporation Ltd (IRSDC), a special purpose vehicle which took over the railway station in 2019.
The Ministry of Railways has taken up redevelopment of Guntakal Railway station, complying with green norms and giving it an elegant look and feel. The redevelopment will be taken up at an estimated cost of Rs. 11.5 crore, and the work is being executed by South Central Railway.
The Rail Land Development Authority has floated a request for proposal for leasing two vacant land parcels in Rajasthan's Jaisalmer and Ajmer. The land parcel at Jaisalmer spans a little over 3 hectares and is located along Jodhpur Road, near Jaisalmer Railway Station
Railway Minister Piyush Goyal announced allocation of Rs 232 crore for the Amritsar railway station. Rs 500 crore has already been invested during the past fve years for infrastructure augmentation.
The Maharashtra government has allotted Rs. 358 crore for construction, widening and strengthening of roads including the state highways, major district roads and other roads across Nashik district, along with bridges in various talukas of the district.
The foundation stone was recently laid for National Highway 208 from Kailasahar to Khowai, an 80km long section in Tripura, under the Japan International Cooperation Agency (JICA)-funded North East Road Network Connectivity Improvement Project Phase 4.
The Delhi government has announced new road projects, including an east-west corridor between Tikri and Anand Vihar, a corridor from the Signature Bridge to the IGI Airport, and an outer road running parallel to the Yamuna from the Signature Bridge to Sarai Kale Khan, to decongest the city's roads.
The proposed 170 km ring road project, aimed at reducing traffic congestion and improving connectivity in Pune and Pimpri Chinchwad, has been allotted Rs. 26,000 crore in the state budget.
The Ramco Cements is planning to expand its production capacity to 20 million tonnes per annum (MTPA) by FY22. Currently, the company has a production capacity of over 16 MTPA and this will increase to 20 MTPA with the completion of the third line of clinkering plant at Jayanthipuram in Andhra Pradesh and a new cement plant in Kurnool.
Dalmia Cement Bharat (DCB) kick-started its operations at the second unit in Bengal. It has announced the commencement of commercial production of Line 2, having a capacity of 2.25 million tonne per annum (MTPA), at its Bengal Cement Works (BCW) unit in Midnapore.
Cement prices increased sharply in various regions from the first week of March 2021 reversing the declining trend prevailing in the last few months as demand across regions continued to see positive momentum.
According to India Ratings and Research (Ind-Ra) cement demand is expected to grow at 13-14 per cent year-on-year in FY22 after two consecutive years of flat-to-negative growth.
The Nagaland Legislative Assembly’s (NLA) Committee on Public Undertakings (COPU), 2020-21 has recommended that the Mini Cement Plant (MCP) in Wazeho, Phek be ‘operated/run’ by the State government instead of being privatized.
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Epiroc’s new Boomer M20 is said to be the next generation in underground mining, designed and built with protected hydraulics, sensors and cables to minimise unplanned stops and maximise uptime and performance in highly demanding operations.
Italian construction company Moretti has added a third Grove all-terrain crane, a GMK4100L-1, to its fleet. The 100-tonne capacity four-axle crane offers best-in-class load charts from an extremely compact format.
Construction equipment leasing company Yigao Machinery is using five Potain cranes to work on commercial and public infrastructure projects in Ningbo, China.
The Asian range of Potain topless tower cranes built at Manitowoc’s Chinese facility in Zhangjiagang continues to evolve rapidly in response to customer demand, which is on the rise thanks to the transport, assembly and performance advantages these units offer.
Tata Motors, India’s largest commercial vehicle manufacturer, has unveiled its newest range of intermediate and light commercial trucks, the Ultra Sleek T-Series, designed and engineered to suit contemporary demands of urban transportation.
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The Prestige Group has announced the launch of Prestige Park Drive, a premium plotted development located close to Kempegowda International Airport in Bengaluru.
Mahindra Lifespace Developers, a part of the Mahindra Group, has acquired 7.89 acres of land for a residential project in Kanakpura Road, Bengaluru. It will offer approximately 5 lakh sq ft of carpet area.
Ambuja Neotia and The Phoenix Mills, through its wholly owned subsidiary Market City Resources, have signed an agreement for three large projects that are expected to have a lasting impact on the development of the 262-acre township in Batanagar.
Marking its entry into the Mumbai market, Bengaluru-based realty player Puravankara is investing Rs. 450 crore to launch a residential-cum-commercial luxury project in Chembur.
Krisumi Corporation, a joint venture between Japanese firm Sumitomo and India's Krishna Group, will develop a 65-acre project on Dwarka Expressway in Gurugram over the next 10 years, and is investing around Rs. 650 crore on construction of over 400 flats in the first phase.
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Under the Smart City Mission, the Shimla Municipal Corporation proposes setting up a monorail service to attract more tourists, benefit local commuters, and increase the corporation’s income.
Foundation stones were recently laid for scores of public utilities and developmental projects worth Rs. 26.6 crore being carried out under the Srinagar Smart City project. To upgrade the fire services apparatus of Srinagar city, a fire safety and emergency response system costing Rs 6.5 crore and including two new fire stations, three fire tenders, five response vehicles, etc were launched.
The green belt between Nirmal Kutia Chowk and Tau Devi Lal Chowk will soon be redeveloped, as Karnal Smart City Ltd has started preparing a detailed project report for this.
The Andhra Pradesh government is moving to develop suburban areas with better civic infrastructure. The Municipal Administration Department has readied a blueprint to transform suburban areas into smart cities.
Amid complaints about the deteriorating waste management in the city, the Bruhat Bengaluru Mahanagara Palike (BBMP) has invited tenders for a bio-mining project on 135 acres of land in the Mandur landfill, 28 km from the city.
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The National Capital Region Transport Corporation (NCRTC) recently floated a tender for 11 MW of rooftop solar systems at its stations, depots, and other buildings in the Delhi-Meerut Corridor.
The Solar Energy Corporation of India (SECI) has invited bids to develop 1,785 MW of solar projects (Tranche IV) in Rajasthan. The last date to submit the bids online is April 15, 2021; bids will be opened on April 20.
Karnataka has proposed to develop a 500 MW solar park at Firozabad in Kalaburagi district. Reportedly Karnataka Renewable Energy Development (KREDL) will develop the 500 MW solar power park on 1,551 acre owned by Power Company of Karnataka at a cost of Rs 5 billion.
Fusion Fuel Green, which has offices in Portugal and Ireland, has signed an agreement with BGR Energy Systems, an engineering, procurement and construction (EPC) company based in Chennai, to install green hydrogen production facilities in Tamil Nadu.
The World Bank plans to introduce a $100-million credit guarantee scheme to boost India’s rooftop solar programme. Reportedly, the scheme will allow micro, small, and medium enterprises (MSMEs) to avail concessional debt financing for setting up rooftop solar units.
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Dalmia is the only cement company to declare its commitment to turn carbon negative by 2040. Backed by numerous initiatives towards this objective, it is ranked No.1 on business readiness for a low carbon transition (CDP Global Cement Sector Report, April 2018).
Industrial waste heat is the energy that is generated in processes which is not put into any practical use and is lost, wasted and dumped into the environment. Recovering the waste heat (WHR) can be conducted through various waste heat recovery technologies to provide valuable energy sources.
The company emerged as the lowest bidder to construct a new cut and cover ramp and remodel Sarita Vihar Depot on Delhi Metro’s 46.63 km Violet Line by Delhi Metro Rail Corporation (DMRC).
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A recent survey by Boston Consulting Group and FICCI has pointed out that a substantial number of Indian fintech companies have been keen to expand internationally.
Kajaria has launched a new range of tiles – The Slim (600x1,200 mm). Introduced by Kajaria Eternity, these slim tiles are available in multiple hues and shades with mesmerising patterns.
Parryware, launched Verve anti-microbial range of water closets and touchless faucets, designed to minimise the growth of microorganisms or bacteria on the product surface and enhance safety in bathroom spaces.
Prama Hikvision has introduced its latest traffic product offering – the All-Rounder ITS camera – designed to improve road safety and optimise traffic flow.
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Dr Vibha Dhawan, Senior Programme Director, TERI (The Energy and Resources Institute), has taken charge as Director-General from March 1, 2021. She has been associated with the institute since 1985.
Under the leadership of Virendra D Mhaiskar, Chairman & Managing Director, IRB Infrastructure, highway stretches managed by IRB Infrastructure (Ahmedabad to Vadodara, Goa to Kundapur) topped the National Highways rankings that were released for the first time.
Under the guidance of Sunil Mathur, Managing Director & CEO, Siemens, the flagship company of Siemens AG in India acquired around 99.22 per cent of the equity share in electrical equipment manufacturer C&S Electric in India from its promoters for Rs.21 billion.
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Adani Ports and Special Economic Zone (APSEZ) emerged as the lowest bidder on a tender floated by Deendayal Port Trust. The company placed a price bid of Rs.3.10 billion for the three-year deal and bagged the dredging contract on March 10.
The Airports Authority of India (AAI) will sell its 13 per cent stake in GMR Hyderabad International Airport (GHIAL) and Kempegowda International Airport, Bengaluru (Bengaluru International Airport, or BIAL), to raise funds.
The Ministry of Mines has recently issued the National Non-Ferrous Metal Scrap Recycling Framework, 2020, covering key non-ferrous metals like aluminium, copper, zinc and lead.
Indian Railways has completed the arch bottom of the world's tallest railway bridge, the Chenab Bridge, a steel and concrete arch bridge currently under construction between Bakkal and Kauri in the Reasi district of Jammu and Kashmir (J&K).
Prime Minister Narendra Modi inaugurated the ‘Maitri Setu’ bridge between India and Bangladesh through video conferencing. The 1.9 km bridge joins Sabroom in India with Ramgarh in Bangladesh.
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Features of Tata Motors Construck Transit Mixer and Boom Pump series can help maximise vehicle productivity and minimise the fuel consumption for the vehicle.
